By Liam Mo and Fanny Potkin BEIJING/SINGAPORE (Reuters) -Nvidia is developing a new AI chip for China based on its latest Blackwell architecture that will be more powerful than the H20 model it is currently allowed to sell there,

Nvidia last week struck a deal with the U.S. government to resume selling products in China, in exchange for giving it a 15% cut of the sales.

Nvidia is apparently putting together a new AI chip meant for sale in China that's half as powerful as its flagship B300 Blackwell GPU. The new chip would be more powerful than the H20 GPUs the company is currently allowed to sell in the country.